News

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11 Jul 2023

Minister Bolat: UAE can invest $30 billion in Turkey in five areas

Daily News

Minister of Trade Ömer Bolat said that the United Arab Emirates could invest $30 billion in Turkey in the areas of food, logistics, pharmaceuticals and hospital m...

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11 Jul 2023

Oil rises on stimulus signals from China

Daily News

Oil rose as investors weighed on the demand outlook after China took measures to boost its struggling property market. U.S. crude traded above $73 a barrel after ...

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11 Jul 2023

Nomura: Asian central banks may decouple from Fed sooner

Daily News

Economists at Nomura have predicted that central banks in Asia could start cutting rates earlier than the Fed. The economists, led by Sonal Varma, wrote in a Frid...

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11 Jul 2023

Asian stocks rise after Wall Street rally

Daily News

Asian stocks rose as Wall Street snapped a three-day losing streak Asia-Pacific stocks rose on Tuesday, tracking moves on Wall Street as U.S. stocks snapped a thr...

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11 Jul 2023

Fitch warns US of new debt limit

Daily News

Credit rating agency Fitch said the US debt limit agreement did not address significant fiscal challenges. International credit rating agency Fitch Ratings report...

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11 Jul 2023

Biden supports Turkey's NATO visa to Sweden

Daily News

US President Joe Biden announced that he welcomed Turkey’s decision to refer Sweden’s NATO accession protocols to the Turkish Grand National Assembly. Western lea...

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11 Jul 2023

Biden vetoed by judiciary over social media

Daily News

In the US, a request for an injunction regarding a decision restricting communications between the Biden administration and social media companies has been denied...

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11 Jul 2023

Turkey gives green light to Sweden's NATO membership

Daily News

During the Turkey, Sweden and NATO meeting, it was reported that Sweden would actively support Turkey's EU membership process, including the updating of the Custo...

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11 Jul 2023

Biden's satisfaction with 'data deal' with Europe

Daily News

US President Joe Biden has welcomed the European Commission’s decision on data transfers with the US. US President Joe Biden has welcomed the European Commission’...

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10 Jul 2023

Oil retreats after weekly gains

Daily News

Oil started the new week lower after its biggest weekly gain since early April as investors weighed signs of tightening supply and demand concerns. Brent crude tr...

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10 Jul 2023

VAT hike on Apple products

Daily News

Apple reflected the tax increase on its prices with the increase in the VAT rate from 18 percent to 20 percent. The price of the most expensive iPhone increased t...

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10 Jul 2023

Petrol and diesel prices increased

Daily News

Following the VAT increase, the price of gasoline has increased by an average of 45 kuruş per liter, and diesel by 43 kuruş per liter. With the increase in the VA...

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10 Jul 2023

Yellen's statement on China visit: It was a step forward

Daily News

U.S. Treasury Secretary Janet Yellen said in a statement on her four-day visit to Beijing that the lengthy and constructive talks she held with Chinese officials ...

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10 Jul 2023

Producer prices in China fall again in June

Daily News

China’s producer prices fell at their fastest pace in 7.5 years According to China’s National Bureau of Statistics, producer prices fell 5.4 percent in June from ...

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10 Jul 2023

Asian stock markets surge on Chinese data

Daily News

Asia-Pacific markets were mixed ahead of key inflation reports this week, including the U.S. consumer price index on Wednesday and producer price index on Thursda...

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10 Jul 2023

President Erdoğan is going to Lithuania for the NATO Summit

Daily News

President Recep Tayyip Erdoğan will visit the Republic of Lithuania in order to attend the NATO Heads of State and Government Summit to be held in Vilnius. Accord...

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10 Jul 2023

Foreign Minister Fidan met with his Russian counterpart

Daily News

Foreign Minister Fidan held a telephone conversation with Russian Foreign Minister Lavrov. Foreign Minister Hakan Fidan held a telephone conversation with Russian...

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07 Jul 2023

Selling pressure in global markets

Daily News

While the selling pressure created by the increase in US bond yields is being observed in global markets, the US June employment data to be announced today is awa...

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07 Jul 2023

The withholding rate on dividends of companies traded on the stock exchange has been reduced to zero.

Daily News

The withholding rate for profit shares of companies traded on Borsa Istanbul will be 0 percent. The withholding rate for profit shares of companies traded on Bors...

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07 Jul 2023

BSMV rate on consumer loans increased

Daily News

The BSMV rate on consumer loans has been increased to 15 percent The bank and insurance transactions tax (BSMV) rate on consumer loans has been increased to 15 pe...

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07 Jul 2023

Kontrolmatik Technology completed 95% of its facility investment in Ankara

Daily News

The installation of Kontrolmatik Technology’s energy storage facility in Ankara Polatlı is nearing completion. Kontrolmatik Technology General Manager Osman Şahin...

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